User information for Andrew Baerga

Real Name
Andrew Baerga
Nickname
edaciousx
Email
Concealed by request
Description
Homepage
None given.

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Signed On
May 4, 2010
Total Posts
282 (Amateur)
User ID
55679
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282 Comments. 15 pages. Viewing page 1.
Newer [  1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  ] Older
64.
 
Re: Morning Metaverse
Jun 21, 2022, 01:35
64.
Re: Morning Metaverse Jun 21, 2022, 01:35
Jun 21, 2022, 01:35
 
Beamer wrote on Jun 20, 2022, 02:04:
edaciousx wrote on Jun 19, 2022, 17:33:
You can still argue it's inflation proof depending when you bought btc. the returns on btc is pretty insane, especially if you buy during crypto winter.
https://dcabtc.com

just to be transparent, i don't really own any btc. I prefer the volatility of alt coins.

Yes. The returns that only came if another was more foolish than you. That's the whole argument here. There's no inherent value in these coins that give them worth. Alt coins even more so. That you enjoy the volatility because you buy when they're new gold rushes and sell before they're doge is smart speculation, but totally logically incompatible with your view that they're anything beyond desperate get rich quick schemes that don't respond rationally to standard market forces.

They're beanie babies for tech bros. My buddy made $80k on beanie babies in the 90s. He was smart enough to never think they'd replace the dollar.
you're so smart, and condescending at the same time...
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59.
 
Re: Morning Metaverse
Jun 19, 2022, 17:33
59.
Re: Morning Metaverse Jun 19, 2022, 17:33
Jun 19, 2022, 17:33
 
You can still argue it's inflation proof depending when you bought btc. the returns on btc is pretty insane, especially if you buy during crypto winter.
https://dcabtc.com

just to be transparent, i don't really own any btc. I prefer the volatility of alt coins.
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56.
 
Re: Morning Metaverse
Jun 19, 2022, 12:09
56.
Re: Morning Metaverse Jun 19, 2022, 12:09
Jun 19, 2022, 12:09
 
Beamer wrote on Jun 18, 2022, 14:00:
RedEye9 wrote on Jun 18, 2022, 13:51:
Bitcoin Plummets Below $20,000 for First Time Since Late 2020
Recession Proof, Outsized Returns, Inflation Hedge

Thanks, Brandon! His recession, which is weirdly broader than the US yet clearly his fault, brought down crypto, which was constantly sold to us as being recession-proof.

Literally the first time I've ever seen anyone claim btc was recession proof. This is what happens when you read fake news, they make up claims that no one ever claimed.

I can tell everyone here is old based on the sources everyone links.
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47.
 
Re: Morning Metaverse
Jun 17, 2022, 16:45
47.
Re: Morning Metaverse Jun 17, 2022, 16:45
Jun 17, 2022, 16:45
 
RedEye9 wrote on Jun 17, 2022, 10:26:
“Bitcoin's backers have always claimed the digital currency would be an "inflation hedge," but in fact, it hasn't behaved that way.” NPR Why cryptocurrencies have gone from the next hot thing to a full-on meltdown

The emperor has no clothes.
Quick, someone start EmperorCoin.

why am i not surprised you'd link npr
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41.
 
Re: Morning Metaverse
Jun 17, 2022, 02:53
41.
Re: Morning Metaverse Jun 17, 2022, 02:53
Jun 17, 2022, 02:53
 
@RedEye9 i'll be voting for him again in 2022 if i can
@beamer it actually started in direct response to the housing market collapse and all the fraud/bailouts that the banks did. It was a libertarian/anti government movement to be specific. Between McCain, Obama, and Ron Paul, this is ron paul's crowd.
@WannaLogAlready it's incredible how there are so many people who think the way you do. Again, I've met the exact skepticism and negativity when I was talking about how facebook and netflix were great buys 10+ years ago.

You guys are all trolls by the way. Such a welcoming and open minded community. Great "discussion" Rolleyes
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35.
 
Re: Morning Metaverse
Jun 16, 2022, 11:32
35.
Re: Morning Metaverse Jun 16, 2022, 11:32
Jun 16, 2022, 11:32
 
I started heavily buying stocks in 2014 and I started with only $500. I grew that to $330k by dollar cost averaging, some of my purchases saw nearly 1000% gains, specifically buying nvda at ~$34. I think I did pretty well considering my income levels at the time. Call me whatever you want, laugh at crypto all you want, I don't care.

And yes, my 401k's probably saw around a 20% annual return as well, though I haven't looked at it since this recent downturn so that number is probably a lot lower than before. it doesn't matter to me since it's just a small amount of money.
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31.
 
Re: Morning Metaverse
Jun 16, 2022, 02:26
31.
Re: Morning Metaverse Jun 16, 2022, 02:26
Jun 16, 2022, 02:26
 
Beamer wrote on Jun 15, 2022, 19:59:
edaciousx wrote on Jun 15, 2022, 19:13:
RedEye9 wrote on Jun 15, 2022, 08:13:
An investment is something you invest in when you hear about investing while you're stuck at home with too much free time on the internet during covid and have covid stimulus bucks burning a hole in your piggy bank.
lol.....

You really shouldn't laugh when you're the one calling a speculation an investment.

Bitcoin really only has first mover advantage. That's its claim to fame. Which is a problem. And it's a speculation. It has no inherent value, therefore it has high risk.

I still can't get over you defining a word with the word.


sorry to ruffle your feathers. I can re-define it if it'll make you happier. Either way, enjoy your 3% apy return on your 401k, if that.
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29.
 
Re: Morning Metaverse
Jun 15, 2022, 19:13
29.
Re: Morning Metaverse Jun 15, 2022, 19:13
Jun 15, 2022, 19:13
 
RedEye9 wrote on Jun 15, 2022, 08:13:
An investment is something you invest in when you hear about investing while you're stuck at home with too much free time on the internet during covid and have covid stimulus bucks burning a hole in your piggy bank.
lol.....
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26.
 
Re: Morning Metaverse
Jun 15, 2022, 00:31
26.
Re: Morning Metaverse Jun 15, 2022, 00:31
Jun 15, 2022, 00:31
 
Beamer wrote on Jun 14, 2022, 20:14:
I mean, a lottery ticket is an investment, but I wouldn't advise you count on it for your retirement
it's not an investment.... there's no guaranteed return or possible return.


Hardline Mike wrote on Jun 14, 2022, 22:32:
edaciousx wrote on Jun 14, 2022, 20:09:
YYou don't really own the stocks you buy either. You have some digital contract saying you own a portion of a company which isn't really different than crypto, except that ledger isn't public and fraud proof.

The difference here is that despite whatever fuckery happens with stonks, there ARE laws and regulations. Often not as effective as we'd like, unfortunately, but they exist along side a shit ton of legal precedent. Crypto and NFTs raise a lot of questions the law doesn't answer about what you actually own, what exchanges are allowed to do with your coins, and so forth. There are just a lot of ways for these people to absolutely fuck you without breaking a single law or opening themselves up to a single civil judgement.

You are correct. But there is an open ledger and you can find out who is doing what fuckery. you can't always see the fuckery happening in the market, which there is definitely a lot of fuckery happening.


RedEye9 wrote on Jun 14, 2022, 22:45:
Does this sound right to you?
"I didn't know anything about it until late 2020 and now it's going to be how I invest for retirement"

PT Barnum would be pleased.
https://youtu.be/HaJpYjO136o

yes.... its no different than saying "i know NVDA is a company and it has outstanding shares, but I didn't learn anything about nvda until 2014 which is when i invested into it."
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22.
 
Re: Morning Metaverse
Jun 14, 2022, 20:09
22.
Re: Morning Metaverse Jun 14, 2022, 20:09
Jun 14, 2022, 20:09
 
The Flying Penguin wrote on Jun 14, 2022, 17:44:
edaciousx wrote on Jun 14, 2022, 17:32:
I'm actually surprised by a lot of the comments here about crypto. This reminds me of when people were laughing at netflix for being worth $7 and fb for being worth $14.

You can't compare Crypto to Stocks.
Yes, you can compare them just the way you compare investing in a house versus stocks versus buying/starting a business. Anything that has the potential to have some kind of a return on your investment is an investment. Also, when you "buy" stock, do you don't even hold the paper that says you own x shares of a company, the exchange holds it for you.

There's a company behind a stock. Sure it may go under, and there's low risk stocks and high risk stocks, but there's a physical company with infrastructure, assets, employees, that produce a service or a product.
There's also a company behind the crypto asset. I think your understanding of crypto is limited to bitcoin. I've been ignoring crypto since 2014 and in late 2020 I really dug into it and found there's a lot of practical uses. Enough for me to have made a $300k bet on crypto at the time, my whole pot from investing in stocks for 7 years.

Crypto is more like gold or oil which is why congress is considering having it regulated as a commodity. But even gold is inherently worth something. It'll never be worthless (well, okay, until they invent transmutation).
Michael Saylor likes to describe BTC as digital gold and ETH as digital oil. I don't agree or disagree with this argument but I do believe gold is a worthless asset to invest in.

Crypto? Crypto is nothing. It's meant to be an electronic token to represent a barter transaction. That's all currency is EXCEPT that currencies have some intrinsic value because they're backed by governments.

I'm not knocking crypto if used for it's intended purpose: a barter transaction directly between two parties.
There's a lot more to Crypto Assets than currency/decentralized finance. Have you looked into DAPPS? Decentralized applications? Smart contracts? NFT uses beyond cute images cause there's a lot of other great uses. I'm not sold on the idea of using x crypto currency to replace USD but I am sold on the idea of a CBDC, central bank digital currency.

But as an investment? On an exchange platform where you don't even actually own the coins? It's an unregulated nighmare at best, and a ponzi scheme at worst.
You don't really own the stocks you buy either. You have some digital contract saying you own a portion of a company which isn't really different than crypto, except that ledger isn't public and fraud proof.

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19.
 
Re: Morning Metaverse
Jun 14, 2022, 17:32
19.
Re: Morning Metaverse Jun 14, 2022, 17:32
Jun 14, 2022, 17:32
 
I'm actually surprised by a lot of the comments here about crypto. This reminds me of when people were laughing at netflix for being worth $7 and fb for being worth $14.
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11.
 
Re: Morning Metaverse
Jun 13, 2022, 21:02
11.
Re: Morning Metaverse Jun 13, 2022, 21:02
Jun 13, 2022, 21:02
 
Hardline Mike wrote on Jun 13, 2022, 16:39:
edaciousx wrote on Jun 13, 2022, 16:34:
Kind of funny how everyone is saying great that eth is crashing etc. it won't impact GPU prices, they've already bottomed. I'm excited for these prices cause now I'll be able to accumulate more coins which is what you all should be doing.

If I wanted to piss away money on something useless I'd buy a Star Citizen package.

okay, how do you invest for retirement?
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7.
 
Re: Morning Metaverse
Jun 13, 2022, 16:34
7.
Re: Morning Metaverse Jun 13, 2022, 16:34
Jun 13, 2022, 16:34
 
Kind of funny how everyone is saying great that eth is crashing etc. it won't impact GPU prices, they've already bottomed. I'm excited for these prices cause now I'll be able to accumulate more coins which is what you all should be doing.
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16.
 
Re: Quake Remaster Inspires Hopes for an Unreal Remaster
Jun 4, 2022, 22:52
16.
Re: Quake Remaster Inspires Hopes for an Unreal Remaster Jun 4, 2022, 22:52
Jun 4, 2022, 22:52
 
Xylemon wrote on Jun 4, 2022, 21:27:
Laughing Man wrote on Jun 4, 2022, 12:50:
Please stop using social media as a way to bully a company into doing what you want. How about they do something like create their own game instead of remastering for cash grabs and slapping their name on it as a developer because they "helped."

I wouldn't have worded it this way, but I have to say I actually agree. This kind of business question in the public is really inappropriate and feels like an attempt to peer-pressure Epic Games. However, Nightdive should (or maybe they do) know that Epic has already been letting the community (OldUnreal) handle the code/engine for Unreal 1, so there already has been FREE community efforts/"remasters". OldUnreal runs fine on modern Windows and even has Linux ports, I would trust them over the mixed bag efforts Nightdive have had. Opening the code to System Shock 1 was the best thing ever did imho, their System Shock 1/Strife releases were good, but not much else and a lot of it uses their weird engine instead of the original game code. And don't give them too much credit for their Quake efforts, from what I understand Nightdive just did platform stuff, aka porting it to different systems, which isn't really that special.

I don't get it, why are so many people rushing to buy a proprietary soon-to-be-obsolete version of these games when we have free and/or open community efforts in games like Quake that will out live these "remasters"/re-releases?

Also some others pointed this out too, where is their System Shock game? The one that was Kickstarted over what, 5-6 years ago now? Shouldn't they be more focused on that?

Isn't the quake remaster significantly better than everything put out there by the public?
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10.
 
Re: Quake Remaster Inspires Hopes for an Unreal Remaster
Jun 4, 2022, 16:36
10.
Re: Quake Remaster Inspires Hopes for an Unreal Remaster Jun 4, 2022, 16:36
Jun 4, 2022, 16:36
 
Dreagon wrote on Jun 4, 2022, 15:49:
I loved the original Unreal single player. I would pay good money to get a faithful remake in UE5.

SAME
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3.
 
Re: Evening Safety Dance
May 26, 2022, 00:31
3.
Re: Evening Safety Dance May 26, 2022, 00:31
May 26, 2022, 00:31
 
what about it sucks? The search results are fine for me. I was using it b/c I don't want to feed google any more ad revenue but it seems like DDG isn't as great as it was made out to be
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8.
 
Re: Morning Metaverse
May 13, 2022, 18:22
8.
Re: Morning Metaverse May 13, 2022, 18:22
May 13, 2022, 18:22
 
Bodolza wrote on May 13, 2022, 15:42:
WaltSee wrote on May 13, 2022, 14:49:
He wants to discover whether Twitter is continuing to lie about the ratio of people to bots who hold Twitter accounts.

He made his intention to buy well before the "5%" number was released, so he obviously didn't actually care that much about it. This is a blatant excuse on Musk's part. But still, it's good to see you're consistent in defending billionaires.

you sound like a soured tesla owner
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3.
 
Re: NVIDIA Fined for Not Disclosing Crypto Boost
May 6, 2022, 21:47
3.
Re: NVIDIA Fined for Not Disclosing Crypto Boost May 6, 2022, 21:47
May 6, 2022, 21:47
 
i wonder what law says they have to itemize their sales. i think it's probably the part where it was a B2B transaction, not B2C for crypto miners.
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10.
 
Re: US Game Market Declined in Q1 2022
May 6, 2022, 06:03
10.
Re: US Game Market Declined in Q1 2022 May 6, 2022, 06:03
May 6, 2022, 06:03
 
ForgedReality wrote on May 4, 2022, 18:05:
No good games, capitalism killing people, confederate fascists running around spreading a deadly virus, totally non-functional healthcare system, millions laid off... Gee, I wonder what could go wrong! 🤷🤪🙄
you're deranged
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1.
 
Re: Crypto Miner Tycoon Simulator Released
Apr 22, 2022, 12:42
1.
Re: Crypto Miner Tycoon Simulator Released Apr 22, 2022, 12:42
Apr 22, 2022, 12:42
 
im not sure if it's ruining gaming... if anything, it's pushing these GPU companies to produce better GPUs
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282 Comments. 15 pages. Viewing page 1.
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